DeFi

Congress Rescinds DeFi Reporting Rule, Citing Innovation Concerns

Congress Rescinds DeFi Reporting Rule, Citing Innovation Concerns

Congress has successfully overturned the Biden administration's digital asset reporting rule, signaling a notable shift in Washington’s approach to cryptocurrency regulation. This judicial action exhibits what many in our movement know to be true: the growing clout of the cryptocurrency industry to influence public policy. Then, in December 2024, regulators...

Stargate Finance Revolutionizes Cross-Chain DeFi with V2 Upgrade

Stargate Finance Revolutionizes Cross-Chain DeFi with V2 Upgrade

Leading this new omnichain decentralized finance (DeFi) movement is Stargate, a trailblazing protocol created by LayerZero Labs. Stargate Finance launched in March 2022. It unlocks all connected users and dApps to move native crypto assets instantly across all supported blockchains via consolidated liquidity pools. The V2 upgrade will allow Stargate...

Stacks' STX Token Skyrockets Following BitGo's sBTC Integration

Stacks' STX Token Skyrockets Following BitGo's sBTC Integration

Stacks’ native token, STX, saw a remarkable rally, briefly making it the best-performing assets of the 100 largest crypto assets by market capitalization. This increase is due to BitGo adding support for sBTC. This synthetic derivative of Bitcoin is traded on the Stacks blockchain, home to the only layer 2...

Real-World Assets Fuel DeFi's Resurgence, Locking in Billions

Real-World Assets Fuel DeFi's Resurgence, Locking in Billions

Real world assets (RWAs) are breathing fresh air into the decentralized finance (DeFi) ecosystem, providing it with a dose of stability and liquidity. Indeed, investors have dumped more than $20 billion into these eye-popping assets. They range from tokenized US Treasuries and real estate to gold and other commodities. This...

Ov Finance Enhances Blockchain Platform with Focus on Speed and Security

Ov Finance Enhances Blockchain Platform with Focus on Speed and Security

Ov Finance, an all-in-one solution financial technology and cryptocurrency company, recently released news of a major upgrade to its blockchain infrastructure. These improvements will measurably increase platform performance, strengthen security protocols, and further support integration with decentralized applications (dApps).This all-around strategic enhancement is a perfect match to Ov Finance’s mission...

Filecoin Poised for Growth in Decentralized Storage Market

Filecoin Poised for Growth in Decentralized Storage Market

Filecoin is rapidly emerging as one of the top altcoins, and for good reason, attracting attention with its innovative approach to decentralized cloud storage. Filecoin allows anyone to rent out their unused data capacity. This groundbreaking innovation transforms underutilized storage space into a new revenue generating opportunity. Industry specialists testified...

Credefi Bridges DeFi and Traditional Finance with Tokenized SME Bonds

Credefi Bridges DeFi and Traditional Finance with Tokenized SME Bonds

Credefi is a European platform connecting decentralized finance (DeFi) and real-world assets. It matches DeFi lenders with financing needs of European Small and Medium-sized Enterprises (SMEs). The platform offers a regulated environment in accordance with European standards, promoting a safe and attractive channel for both investors and companies. With its...

KiloEx Recovers Hacked Funds; KILO Token Experiences Double-Digit Surge

KiloEx Recovers Hacked Funds; KILO Token Experiences Double-Digit Surge

KiloEx, a decentralized exchange (DEX) catering primarily to perpetual futures trading, recently suffered a well-planned exploit. They have all been able to recover all the stolen *money*. The recovery announcement triggered a colossal pump in KiloEx’s native token, KILO. It shot up more than 14% in less than 24 hours!...

Threshold Network Token Skyrockets Amid Strategic DAO Restructuring

Threshold Network Token Skyrockets Amid Strategic DAO Restructuring

Threshold Network’s native token just skyrocketed! Pundit XMR-TXN has been incredibly prescient, because it is all the way up to $0.0223 now from just $0.0143 a week ago. The token is on a roll, with its value up over 55% just in the last week. This latest explosion puts it...

DeFi Use Surges in Yemen Amid Sanctions and Banking Restrictions

DeFi Use Surges in Yemen Amid Sanctions and Banking Restrictions

A new analysis, carried out by TRM Labs, shows an important trend among Yemeni citizens — a shift to decentralized finance (DeFi) platforms. As a result, the retrospective study shows that more than 63% of cryptocurrency related web traffic coming from Yemen is going to DeFi platforms. This flood has...